API Urges House To Pass Budget Reconciliation

The American Petroleum Institute issued the following statement from President and CEO Mike Sommers urging the U.S. House of Representatives to support American energy leadership and pass the budget reconciliation:

“Congress has a once-in-a-generation opportunity to help restore American energy dominance, and Speaker Johnson and House Leadership have taken an important step forward with a pro-growth tax plan. From opening lease sales and advancing key measures on permitting to beginning to reverse a punitive 'methane fee' and preserving competitive tax policies, this bill leverages our nation's vast energy resources, and we urge policymakers to support it. We look forward to working with Congress on a final tax package that enhances pro-investment provisions and ensures America leads the world in innovation and energy production.”

About API
API represents all segments of America’s natural gas and oil industry, which supports nearly 11 million U.S. jobs and is backed by a growing grassroots movement of millions of Americans. Our approximately 600 members produce, process and distribute the majority of the nation’s energy, and participate in API Energy Excellence, which is accelerating environmental and safety progress by fostering new technologies and transparent reporting. API was formed in 1919 as a standards-setting organization and has developed more than 800 standards to enhance operational and environmental safety, efficiency and sustainability.